Everything should always get more affordable over time.
There are only two reasons it wouldn’t:
• Technology or production capacity has been physically destroyed.
• Someone is counterfeiting ...
Agreed. But I'd add a couple additional reasons to the two you mentioned:
Reason #3: Bureaucracy and red tape is driving up the cost of production.
Reason #4: Lack of market competition prevents true price discovery of goods to take place.
Reason #3: Bureaucracy and red tape is driving up the cost of production.
Reason #4: Lack of market competition prevents true price discovery of goods to take place.
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